Category: IBC-SEBI

The central bank contended before National Company Law Appellate Tribunal (NCLAT) that it is regulator of banks and it should also be heard in the

Markets regulator Sebi Tuesday said it has inked pact with Insolvency and Bankruptcy Board of India to effectively implement securities laws, and Insolvency and Bankruptcy

Bhushan Power operational creditors oppose CoC-approved plan Operational creditors (OCs) to Bhushan Power and Steel (BPSL) on Tuesday raised objections over the committee of creditors

The National Company Law Appellate Tribunal (NCLAT) on Tuesday admitted the Reserve Bank of India’s (RBI’s) plea seeking modification of the February 25 order of

The National Company Law Tribunal (NCLT) has directed the government, regulators, and investigation agencies to clear their stand before the dedicated bankruptcy court decides on the legality

The NCLAT refused to put on hold ArcelorMittal’s proposed payment to Essar Steel’s lenders. ArcelorMittal’s Rs 42,000 crore resolution plan for takeover of bankrupt Essar

The banking sector has been reeling under stress for some time now, with non-performing assets (NPAs) steadily climbing, hurting the asset quality of banks. Even

The NCLT had sent notices to the Ministry of Corporate Affairs, Income Tax office, Enforcement Directorate (ED), SEBI, CBI and RBI for their representations before

A detailed framework for sale of a corporate debtor as going concern and sale of business of a corporate debtor as going concern is being

The basic tenets of the IBC are slowly being compromised, to avoid liquidation even when a company is unviable Since its enactment in 2016, the

The Mumbai bench of the National Company Law Tribunal (NCLT) has refused to accept the settlement plan approved by the committee of creditors (CoC) and

Bankers are likely to consider a suggestion by the National Company Law Appellate Tribunal to increase the share of operational creditors in the proceeds from

By Saloni Shukla Deutsche Bank AG is setting up a unit in India to buy and reorganize soured debt as it seeks to profit from an unprecedented bad-loan

The banking sector has been reeling under stress for some time now, with non-performing assets (NPAs) steadily climbing, hurting the asset quality of banks. Even

Seven months after the first IL&FS entity defaulted on its dues and exposed major fault-lines in the functioning of this systemically important NBFC, the resolution

The National Company Law Appellate Tribunal (NCLAT) upheld the law while disallowing Essar’s challenge to the National Company Law Tribunal (NCLT)’s rejection of Essar’s offer

There is a growing concern that the Insolvency and Bankruptcy Code (IBC) has taken a bit too long in resolving cases of corporate indebtedness — much beyond the stipulated

The National Company Law Appellate Tribunal (NCLAT) told Essar Steel Asia Holdings (ESAH) to withdraw its appeal against the rejection of its Rs 54,389-crore offer for Essar